Stiglitz warns on World Bank violence

Joseph Stiglitz, the former chief economist of the World Bank, has launched an attack on US plans to appoint Paul Wolfowitz as the World Bank's new president. He suggested the appointment could lead to violent protests.

In an interview, the American Nobel laureate said: "The World Bank will once again become a hate figure. This could bring street protests and violence across the developing world." He described President Bush's determination to appoint his deputy defence secretary to the import

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